How to ensure your project succeeds
Published: 21 June 2007 by CA
I am "CA" Atreya (PMP, MBA), the author of this blog. I help businesses in Atlantic Canada achieve their BHAG successfully. You may subscribe to this blog using a feed reader (RSS).
Anyone who has been involved in any project, knows that the probability of failure is more than the probability of success. Depending on which source you refer, about 30% of projects are canceled before completion, 88% exceeds deadlines or both, average costs overruns are 189% and average schedule overruns are 222%. Successful project completion depends on a number of factors.
According to Carl Singer they are:
- Positive relationship with an active intelligent client
- Strong project management
- Clear and well managed requirements
- Ruthless change management
- Pervasive process focus
- Effective controls and communications
- Technical leadership and excellence
- Honest self analysis of projects
For more information, you may want to read The Seven Characteristics of Highly Successful Projects
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